by Priyanka Sharma | November 21, 2024 | News, Retail
Lulu Retail Holdings, the UAE-based hypermarket chain operator, has posted a remarkable 126% year-on-year (YoY) increase in its net profit for the third quarter (Q3) of 2024. The company’s net profit reached $35.1 million, demonstrating strong financial growth despite...
by Priyanka Sharma | November 20, 2024 | News, politics
Ukraine’s President Volodymyr Zelensky, in an interview with Fox News, emphasized the critical importance of U.S. funding in Ukraine’s fight against Russian aggression. He warned that without Washington’s support, Ukraine would face severe setbacks,...
by Priyanka Sharma | November 20, 2024 | Banking, Banking Regulations, Central Banks, Fintech, Investment Banking, Retail Banking
The UAE has firmly established itself as a leader in the digital banking transformation sweeping across the Middle East, with the country commanding the largest share of the region’s $3.2 trillion in banking assets. A new report from Arthur D. Little (ADL)...
by Priyanka Sharma | November 20, 2024 | Industry, Real Estate
Dubai’s real estate sector is set to experience a remarkable 30% year-on-year growth by the end of 2024, according to the latest report from Property Monitor. The market has already set several records this year, reflecting the ongoing strength and confidence in...
by Priyanka Sharma | November 20, 2024 | Banking, Investment Banking, Retail Banking
J.P. Morgan Private Bank has unveiled its 2025 Global Investment Outlook, titled *Building on Strength*, highlighting key trends set to influence global markets and investment strategies next year. The report emphasizes the ongoing recovery in the global economy and...
